HLB International begins search for new UK partner
Vantis demise creates UK vacancy with international network
Vantis demise creates UK vacancy with international network
HLB International, the network left without a UK presence following the
administration and sale of Vantis, has revealed it is already in discussion with
potential replacements.
In a statement the network said it hoped to go further than find a firm to
fill the hole left by Vantis and will work to set up a new “federation” of UK
firms.
Cheif executive Rob Tautges, said: “It is our highest priority to ensure
stability in the UK and to protect our member firm interests. We have been
monitoring the situation for months and are currently in discussion with several
prospective firms in the UK.”
Tautges said talks with a number of firms across the UK were going well. The
network is ranked number 17 among the world’s
Top
30 networks with revenue of around $1.7bn (£1.1bn). This was down around 7%
on the previous year.
Read more:
Vantis
staff find home with Begbies
Consortium
buys seven Vantis offices
RSM
Tenon spend £6.8m on Vantis businesses
More about:
The numbers you crunch tell a story. Your expertis...
15yEmbracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...
View articleOrganisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...
View articleIn a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...
View resourceDiscover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...
View articleThe big stories on accountancyage.com from the last two weeks Read More...
View articleThe dire situation at Vantis is not the result of of an accountancy firm being structured as a plc… Banks' insistence on Big Four auditors exposed Re...
View articleStanford insolvency adds to firm's woes, in the lead up to AIM trading suspension Read More...
View articleErnst & Young says Vantis has uncertain future unless it can cut costs and receive payments for its work as liquidators of Allen Stanford's internatio...
View articleCashflow concerns from Vantis' work as liquidators of Stanford International Bank sees the firm's auditors issue warning Read More...
View articleRevenue recognition action hits Vantis for £13.7m Read More...
View articleNo holiday in the sun for Vantis receivers tasked with recovering Stanford International Bank's client assets Read More...
View articleVantis receivers are trying to track down auditor of Stanford International Bank, CAS Hewlett Read More...
View article